CHENNAI Chennai: In a significant development, the State Environmental Impact Assessment Authority (SEIAA, Tamil Nadu) has granted environmental clearance for the expansion of Tata Electronics’ (TEL Components Pvt Ltd) mobile phone manufacturing plant in Hosur.The move paves the way for a major expansion of the facility, which is already operational with an investment of Rs 3,051 crore.
According to TEL Components Pvt Ltd, the plant is currently operating in an area of 1.49 lakh sq m and with the expansion, the total area will increase to 5 lakh sq m, indicating a substantial increase in production capacity.The daily production of mobile phones is expected to increase from 92,000 units to 2 lakh units.
The expanded plant will provide employment opportunities to 80,000 people, contributing significantly to the economic growth of the region. This investment is expected to have a multiplier effect, boosting local economies and creating ancillary industries.TEL has decided to manufacture Apple iPhones at the facility. This expansion involves an additional investment of Rs 3,699 crore, reflecting Tata Electronics’ commitment to India’s electronics manufacturing sector. With its increased production capacity, job creation and partnership with Apple, this development is going to have a profound impact on the sector.CHENNAI Chennai: In a significant development, the State Environmental Impact Assessment Authority (SEIAA, Tamil Nadu) has granted environmental clearance for the expansion of Tata Electronics’ (TEL Components Pvt Ltd) mobile phone manufacturing plant in Hosur.The move paves the way for a major expansion of the facility, which is already operational with an investment of Rs 3,051 crore.
According to TEL Components Pvt Ltd, the plant is currently operating in an area of 1.49 lakh sq m and with the expansion, the total area will increase to 5 lakh sq m, indicating a substantial increase in production capacity.The daily production of mobile phones is expected to increase from 92,000 units to 2 lakh units.
The expanded plant will provide employment opportunities to 80,000 people, contributing significantly to the economic growth of the region. This investment is expected to have a multiplier effect, boosting local economies and creating ancillary industries.TEL has decided to manufacture Apple iPhones at the facility. This expansion involves an additional investment of Rs 3,699 crore, reflecting Tata Electronics’ commitment to India’s electronics manufacturing sector. With its increased production capacity, job creation and partnership with Apple, this development is going to have a profound impact on the sector.
